SKUFF (SKF AB) Altman Z2-Score: 3.36 (As of Jun. 27, 2026) — Near Median


SKUFF SKF AB SKUFF
78 GF Score
Price $23.95
GF Value $18.48
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is SKF AB Altman Z2-Score?

SKF AB SKUFF 78 Altman Z2-Score is 3.36 as of Jun. 27, 2026, which is 1% below its 10-year median of 3.40. GuruFocus rates SKUFF with a GF Score™ of 78/100 and a GF Value™ of $18.48 (Fairly Valued). The stock has 9 warning signs investors should review. Among 3,043 Industrial Products companies, SKF AB ranks worse than 61.22% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

SKF AB has a Altman Z2-Score of 3.36, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for SKF AB's Altman Z2-Score or its related term are showing as below:

SKUFF' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.85   Med: 3.4   Max: 5.02
Current: 3.37

During the past 13 years, SKF AB's highest Altman Z2-Score was 5.02. The lowest was 2.85. And the median was 3.40.


SKF AB  (OTCPK:SKUFF) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


SKF AB Altman Z2-Score Related Terms


SKF AB Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for SKF AB's Altman Z2-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SKF AB Altman Z2-Score Chart

SKF AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 4.86 4.95 4.85 5.02

SKF AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.54 3.24 3.46 5.02 3.37

SKUFF vs SNA, RBC, LECO: Altman Z2-Score Comparison

For the Tools & Accessories subindustry, SKF AB's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SKF AB Altman Z2-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF AB's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where SKF AB's Altman Z2-Score falls into.


SKUFF
78GF Score
SKF AB SKUFF
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SKF AB Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

SKF AB's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.2695+3.26*0+6.72*0.0671+1.05*1.091
=3.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $11,952 Mil.
Total Current Assets was $6,178 Mil.
Total Current Liabilities was $2,958 Mil.
Retained Earnings was $0 Mil.
Pre-Tax Income was 254.046 + 138.161 + 179.991 + 89.965 = $662 Mil.
Interest Expense was -29.623 + -30.021 + -34.142 + -46.187 = $-140 Mil.
Total Liabilities was $5,601 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(6178.466 - 2957.756)/11952.089
=0.2695

X2=Retained Earnings/Total Assets
=0/11952.089
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(662.163 - -139.973)/11952.089
=0.0671

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(6111.063 - 0)/5601.146
=1.091

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

SKF AB has a Altman Z2-Score of 3.36 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.36 mean?
SKF AB (SKUFF) has a Altman Z2-Score of 3.36 as of Jun. 27, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on SKF AB and its competitors. This is near median its historical median of 3.40. Over the past decade, SKF AB's Altman Z2-Score has ranged from 2.85 to 5.02. According to the industry distribution chart, SKF AB ranks #1863 out of 3043 companies in the Industrial Products industry, placing it in the top 61.2%.
Is SKF AB's Altman Z2-Score too high?
SKF AB's current Altman Z2-Score of 3.36 is near median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 5.02. The Industrial Products industry median Altman Z2-Score is 4.28. SKF AB's value of 3.36 is 21.5% below this industry median. Based on the distribution chart, SKF AB ranks #1863 out of 3043 companies in the Industrial Products industry, which is below the industry midpoint. Overall, SKF AB has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SKF AB's Altman Z2-Score compare to SNA and RBC?
According to the Industrial Products industry distribution chart, SKF AB ranks #1863 out of 3043 companies for Altman Z2-Score. This places SKF AB in the lower half of its industry. The industry median Altman Z2-Score is 4.28. SKF AB's value of 3.36 is 21.5% below this benchmark. Historically, SKF AB's own Altman Z2-Score has ranged from 2.85 to 5.02 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 4.28, SKF AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for an Industrial Products company?
The median Altman Z2-Score among Industrial Products companies is 4.28, based on 3,043 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SKF AB's current Altman Z2-Score of 3.36 is 21.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on SKF AB and its competitors. For the Industrial Products industry, the median Altman Z2-Score is 4.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKF AB's current Altman Z2-Score is 3.36, which is near median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKF AB stock overvalued right now?
Based on GuruFocus' analysis, SKF AB (SKUFF) is currently considered Fairly Valued. The stock's GF Value™ is $18.48, compared to a current price of $23.95 — trading 29.6% above its estimated fair value. The current Altman Z2-Score is 3.36, which is near median its 10-year median of 3.40 and 21.5% below the Industrial Products industry median of 4.28. SKF AB's overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For SKF AB (SKUFF), the current Altman Z2-Score is 3.36 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SKF AB (SKUFF) Overvalued in 2026?

Based on GuruFocus' analysis, SKF AB stock appears to be overvalued. The current stock price of $23.95 is trading 29.6% above its estimated GF Value™ of $18.48. GuruFocus considers SKF AB to be Fairly Valued.

Key valuation signals for SKUFF:

  • Altman Z2-Score: 3.36 (near median its 10-year median of 3.40)
  • GF Value™: $18.48 vs. price of $23.95 (29.6% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 21.5% below the Industrial Products median (#1863 of 3043)

No single metric tells the full story. See the SKUFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SKF AB Business Description

Address Sven Wingquists Gata 2, Gothenburg, SWE, 415 50
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF and Schaeffler Group are the top two global ball bearing suppliers, followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches, as ball bearings for industrial purposes are engineered for specific applications. SKF is based in Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, with a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.
78GF Score

Get the complete analysis for SKUFF

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.95
Price
$18.48
GF Value